Soft Budget ConstraintSoft Budget, Bailout Expectation
A situation where an organisation expects that any budget overrun will be covered by an external authority rather than facing full financial consequences.
Budget Impact Analysis
Terms for estimating the financial consequences of adopting a new intervention within a specific budget.
- Topic: Budget Impact Analysis
- 28 terms
- Editor reviewed
Spending CapReimbursement Cap, Payer Spending Limit
A predetermined upper limit on total spending a payer will reimburse for a treatment or drug class within a defined period.
Substitution EffectSubstitution Response, Relative-Price Effect
The change in quantity of a good consumed that results purely from a change in its relative price, holding purchasing power constant.